(PRESS RELEASE) – The Office of the National Authorising Officer (NAO), would like to clarify to the General Public that the presence of Representatives of the European Union (EU) Court of Auditors, is an integral part of the Process of Monitoring, Evaluation, Management and Accounting of programmes funded under the European Union/African Caribbean and Pacific (ACP/EU) Development Co-operation.
It is noted that the last mission of the EU Court of Auditor’s was in January 2017. At that time the Office of the NAO along with relevant stakeholders, facilitated the verification exercise of the Mocha Housing Project. The auditor’s expressed satisfactory implementation of the tender and contractual arrangements related to the Infrastructural design and works of the Mocha Housing project.
The current visit of the EU Court of Auditors is a standard practice in keeping with the principles of accountability and transparency. The objective of the audit is to ensure that EU funds are correctly accounted for and spent in accordance with the relevant rules and regulations. The auditors will engage in reviewing information related to the design, construction and supply of equipment to the New National Hospital, otherwise known as the OKEU Hospital.